Gruner Renewable Energy Secures $60M Funding for CBG Plants Expansion
Key Ideas
  • Gruner Renewable Energy secures $60 million funding to establish new Compressed biogas (CBG) plants across India and set up one of Asia’s largest CBG plants in Navsari, Gujarat.
  • The company plans to allocate a significant part of the funding towards research and development to enhance energy efficiency, biogas production accuracy, and explores business verticals like sustainable aviation fuel and green hydrogen.
  • The projects include setting up CBG plants with a total production capacity of 88,000 tons per year across various locations in India, contributing to the country's energy independence vision and reducing greenhouse gas emissions.
  • Initiatives like CBG Blending Obligation (CBO) for transport and domestic use, and the establishment of waste-to-wealth plants under the GOBARdhan initiative signify India's commitment towards promoting clean energy production and circular economy principles.
Noida-based Gruner Renewable Energy has secured a funding of $60 million to expand its Compressed biogas (CBG) plants network across India, including the establishment of one of Asia's largest CBG plants in Navsari, Gujarat. The company aims to focus on enhancing research and development efforts to boost energy efficiency and biogas production accuracy, alongside exploring new business verticals such as sustainable aviation fuel and green hydrogen. Furthermore, Gruner plans to scale up CNG retail outlets and has secured projects worth ₹15 billion to set up CBG plants with a total production capacity of 88,000 tons per year in locations like Ayodhya, Satna, Balasore, Yavatmal, Vijayawada, Rajahmundry, among others. Utkarsh Gupta, the Founder & CEO of Gruner Renewable Energy, highlighted the company's commitment to promoting clean energy production and reducing reliance on imported CNG, aligning with India's energy independence vision. The article also discusses the government's initiatives like CBG blending obligations for the transport and domestic sectors and the establishment of waste-to-wealth plants under the GOBARdhan initiative to promote a circular economy and reduce greenhouse gas emissions. The Ministry of New and Renewable Energy's call for proposals for innovative biogas projects further reflects the country's focus on sustainable and cost-effective energy solutions.
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